2016 BMW 550xi Car Insurance Calculator

Discover and learn how different factors affect car insurance rates for a 2016 BMW 550xi. Set options like gender of the driver, whether you're married or single, and the state and city you live in to see how rates are impacted. Instantly discover how the choices you make impact rates.

The average estimated car insurance premium for a 2016 BMW 550xi is $2,452 per year, or about $204 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,452

Cost Per Month

$204

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

BMW 550xi Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2016 BMW 550xi.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,452
Average Rate
Your Rate
$2,452

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2016 BMW 550xi trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2016 BMW 550xi is $2,452.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2016 BMW 550xi vs. the Midsize Luxury Car Segment

The table below compares insurance rates for the 2016 BMW 550xi against all other models in the midsize luxury car segment. The BMW 550xi is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the BMW 550xi, with green values denoting cheaper rates and red values indicating more expensive rates compared to the BMW 550xi.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2016 BMW 550xi Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Lexus ES 350$1,618-$834
2Acura ILX$1,686-$766
3Lexus IS 300$1,792-$660
4Volvo S80$1,834-$618
5Mercedes-Benz C350E$1,842-$610
6Lexus RC 300$1,856-$596
7Audi A3$1,888-$564
8Mercedes-Benz AMG CLA45$1,910-$542
9Lincoln MKZ$1,914-$538
10Lexus ES 300H$1,924-$528
11Audi A6$1,936-$516
12Mercedes-Benz CLA250$1,982-$470
13BMW 528i$2,020-$432
14Lexus GS 350$2,036-$416
15Mercedes-Benz E350$2,062-$390
16Audi S4$2,064-$388
17Mercedes-Benz SLK55 AMG$2,068-$384
18BMW 428xi$2,072-$380
19Jaguar XF$2,084-$368
20Cadillac ELR$2,090-$362
21Mercedes-Benz C450 AMG$2,100-$352
22BMW 428i$2,106-$346
23Audi S5$2,116-$336
24Hyundai Genesis$2,130-$322
25BMW 528xi$2,138-$314
26Infiniti Q50$2,144-$308
27BMW 535xi$2,150-$302
28BMW 435xi$2,174-$278
29Mercedes-Benz E250$2,192-$260
30Mercedes-Benz SL400$2,210-$242
31BMW Active 5$2,218-$234
32BMW 435i$2,224-$228
2016 Midsize Luxury Car Average$2,227-$225
33BMW 535d$2,250-$202
34Mercedes-Benz E400$2,300-$152
35BMW 535i$2,308-$144
36Mercedes-Benz E550$2,320-$132
37Audi S6$2,358-$94
38BMW 550i$2,362-$90
39Mercedes-Benz CLS400$2,436-$16
40BMW 550xi$2,452--
41Mercedes-Benz SL550$2,456$4
42BMW 640i$2,490$38
43Audi A7$2,504$52
44BMW 640xi$2,510$58
45BMW M5$2,518$66
46Audi S7$2,522$70
47Tesla Model S$2,590$138
48Mercedes-Benz S550E$2,594$142
49BMW 650xi$2,610$158
50Lexus GS F$2,622$170
51BMW M6$2,796$344
52Mercedes-Benz SL63 AMG$2,876$424
53Mercedes-Benz SL65 AMG$3,584$1,132

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2016 550xi Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2016 BMW 550xi.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2016 BMW 550xi Insurance Rates by Trim Level
2016 BMW 550xi Trim Level Annual Premium Cost Per Month
AWD$2,412$201
Gran Turismo AWD$2,494$208

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2016 BMW 550xi for different driver ages.

2016 BMW 550xi Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,810$734
17$8,559$713
18$7,712$643
19$6,991$583
20$5,353$446
21$5,104$425
22$4,569$381
23$3,719$310
24$3,523$294
25$2,856$238
30$2,618$218
35$2,516$210
40$2,452$204
45$2,290$191
50$2,164$180
55$2,022$169
60$2,028$169
65$2,172$181
70$2,342$195
75$2,752$229
80$3,406$284

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all BMW 550xi trim levels.